Avionics News December 2012 - 31

which includes CE Avionics’ 12 employees,” Loren said. Avionics is a small world, and working in a cockpit’s tight confines, “you come close to people who work with you, not for you,” an attitude every business owner must “keep in mind when you get ready to step out of the driver’s seat.” Testing the market, there were a few nibbles, but they never matured into offers that equaled the company’s value. As equal partners, Karen, Chris and Mike bought CE Avionics in 2008. Inheriting her father’s sense of humor, Karen became president “because I drew the short straw,” adding that “it wasn’t a huge discussion.” Mike is vice president of engineering and installations and Chris is vice president of service and bench work, Chris explained. “We tend to focus on the product and not the value, so Mike and I figured it was good to have someone with an accounting and business viewpoint running things.” Since their retirement, the founders took a cruise, went to Germany and did “all the things retired people are supposed to do,” Loren said, “so we have that out of the way.” They just finished building a two-bedroom house with a beautiful porch that overlooks a lake and did much of the interior work themselves. Designed “to take care of two old folks on creepers,” Loren said, “we thought it would be a good place to hide out later.” Until then, Susan added, “we have a really cool boat, so we go up the river and do our thing.” Looking forward, they are not worried about the company. Karen, Chris and Mike “are ambitious adults who have been running the business for some time,” Loren said. “We just got out of the way,

and they continued doing what they were doing.” Looking back, no memory stands preeminent, except, maybe, “the first year we made a profit,” Loren said. “We went a long time before we were able to pay ourselves salaries; we sank everything back

into the business as we were making it.” Beyond that, people stand out in memory more than accomplishments. “We enjoyed the people,” Loren said. “Pilots are different people; they are nice guys and ladies to deal with.” q

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Avionics News December 2012

Table of Contents for the Digital Edition of Avionics News December 2012

Point of Communication
AEA Now
The View From Washington
International News and Regulatory Updates
ADS-B Circa 2013
Member Profile
Family Matters
Remembering Monte R. Mitchell
Before & After
A Conversation With...
History's Caretaker
Pro-to-col
Business Basics
Theory & Practice
AEA Members Make Headlines at NBAA Convention
What's New
Marketplace Classifieds
Avionics News December 2012 - Intro
Avionics News December 2012 - Cover1
Avionics News December 2012 - Cover2
Avionics News December 2012 - 1
Avionics News December 2012 - 2
Avionics News December 2012 - 3
Avionics News December 2012 - Point of Communication
Avionics News December 2012 - 5
Avionics News December 2012 - AEA Now
Avionics News December 2012 - 7
Avionics News December 2012 - 8
Avionics News December 2012 - 9
Avionics News December 2012 - 10
Avionics News December 2012 - 11
Avionics News December 2012 - 12
Avionics News December 2012 - 13
Avionics News December 2012 - The View From Washington
Avionics News December 2012 - 15
Avionics News December 2012 - International News and Regulatory Updates
Avionics News December 2012 - 17
Avionics News December 2012 - 18
Avionics News December 2012 - 19
Avionics News December 2012 - ADS-B Circa 2013
Avionics News December 2012 - 21
Avionics News December 2012 - 22
Avionics News December 2012 - 23
Avionics News December 2012 - Member Profile
Avionics News December 2012 - 25
Avionics News December 2012 - 26
Avionics News December 2012 - 27
Avionics News December 2012 - Family Matters
Avionics News December 2012 - 29
Avionics News December 2012 - 30
Avionics News December 2012 - 31
Avionics News December 2012 - 32
Avionics News December 2012 - 33
Avionics News December 2012 - Remembering Monte R. Mitchell
Avionics News December 2012 - 35
Avionics News December 2012 - 36
Avionics News December 2012 - 37
Avionics News December 2012 - 38
Avionics News December 2012 - Before & After
Avionics News December 2012 - A Conversation With...
Avionics News December 2012 - 41
Avionics News December 2012 - History's Caretaker
Avionics News December 2012 - 43
Avionics News December 2012 - 44
Avionics News December 2012 - 45
Avionics News December 2012 - Pro-to-col
Avionics News December 2012 - 47
Avionics News December 2012 - Business Basics
Avionics News December 2012 - 49
Avionics News December 2012 - 50
Avionics News December 2012 - 51
Avionics News December 2012 - Theory & Practice
Avionics News December 2012 - 53
Avionics News December 2012 - 54
Avionics News December 2012 - 55
Avionics News December 2012 - AEA Members Make Headlines at NBAA Convention
Avionics News December 2012 - 57
Avionics News December 2012 - 58
Avionics News December 2012 - 59
Avionics News December 2012 - 60
Avionics News December 2012 - 61
Avionics News December 2012 - 62
Avionics News December 2012 - 63
Avionics News December 2012 - What's New
Avionics News December 2012 - 65
Avionics News December 2012 - 66
Avionics News December 2012 - 67
Avionics News December 2012 - 68
Avionics News December 2012 - 69
Avionics News December 2012 - Marketplace Classifieds
Avionics News December 2012 - 71
Avionics News December 2012 - 72
Avionics News December 2012 - Cover3
Avionics News December 2012 - Cover4
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